PhonePe

PhonePe Private Limited, d/b/a PhonePe is an Indian e-commerce payment system and digital wallet company headquartered in Bangalore, India. It was founded in December 2015, by Sameer Nigam and Rahul Chari. PhonePe app went live in August 2016 and was the first payment app built on Unified Payments Interface.

(source: phonepe.com)

PhonePe Launches App Store Localized for India, Allowing Third-Party Payments
PhonePe Launches App Store Localized for India, Allowing Third-Party Payments
February 21, 2024  |  Mobile Applications

PhonePe has launched an Android app store that offers app discovery in 12 Indian languages that cater to 95% of the country’s population. This new...

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Indian Parliamentary Panel Says Domestic FinTechs Need Support
Indian Parliamentary Panel Says Domestic FinTechs Need Support
February 09, 2024  |  Digital Payments

An Indian parliamentary panel has reportedly highlighted a need to support the growth of domestic FinTech players in India’s digital payments market. The panel pointed...

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PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
January 05, 2024  |  Personnel

India-based digital payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s global expansion plans....

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Paytm CEO Forecasts Profitability in Under a Year
Paytm CEO Forecasts Profitability in Under a Year
December 20, 2023  |  Digital Payments

Paytm is reportedly overhauling its wealth management operations as the FinTech aims to fast-track profitability. Part of the plan also involves the Indian company hiring more than...

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Indian Payments App PhonePe Enters Stock Broking Industry
Indian Payments App PhonePe Enters Stock Broking Industry
August 30, 2023  |  Mobile Applications

Indian payments app PhonePe has entered the stock broking industry with the launch of Share.Market. This new venture is operated under its subsidiary, PhonePe Wealth Broking Pvt. Ltd.,...

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India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
India’s Mobile Payments Embrace Lays Fertile Ground for Walmart, Amazon eCommerce Ambitions
August 18, 2023  |  eCommerce

The jousting between Amazon and Walmart for eyeballs browsing market places, and share of digital wallet for consumer spending, is finding an evolving battleground in...

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Kath McLay to Replace Retiring Judith McKenna as Walmart International CEO
Kath McLay to Replace Retiring Judith McKenna as Walmart International CEO
August 16, 2023  |  Walmart

Walmart has announced major leadership changes within the company, with Judith McKenna, the president and CEO of Walmart International, set to retire after 27 years with the...

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Flipkart Expands Banking Plans With Personal Loans Program
Flipkart Expands Banking Plans With Personal Loans Program
July 05, 2023  |  Retail

Walmart’s Flipkart is reportedly entering the lending sector as it battles Amazon for India’s consumers. The eCommerce site has begun offering customers personal loans through...

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Amazon Will Invest $26 Billion India by Decade’s End
Amazon Will Invest $26 Billion India by Decade’s End
June 25, 2023  |  Amazon Investments

Amazon intends to invest $26 billion in India by 2030 amid increasing competition with Walmart. As Reuters reported Saturday (June 24), the company made that announcement after CEO Andy Jassy met...

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